The FaverGray Company

What The FaverGray Company does

FaverGray is a private general contractor founded in 2005 by James A. Gray and W. Keith Faver in Jacksonville Beach, Florida. The firm delivers preconstruction, construction management, and general contracting services for multifamily, student housing, senior living, and HUD/LIHTC affordable housing projects across 19 licensed Southeast states. Core technical capability rests on specialized housing construction methodologies — wood-frame, post-tensioned concrete slab-on-grade foundations, concrete podium construction, and steel stairs — paired with exteriors using fiber cement siding, brick veneer, stucco, and standing seam metal roofing. Differentiated preconstruction services include design collaboration, feasibility analysis, constructability review, budgeting, and scheduling.

The company monetizes through negotiated and competitively bid construction contracts, with project-by-project quote-based pricing tied to scope, complexity, timeline, and market conditions. FaverGray's GTM motion is enterprise field sales targeting multifamily developers, student housing developers, senior living developers, and HUD/affordable housing developers; primary customer segments are multifamily and student housing developers, with senior living and HUD as secondary verticals. Project sourcing relies on direct business development, repeat-client relationships, industry referrals, and partnerships with development firms (e.g., American Campus Communities, Toll Brothers Apartment Living, Catalyst Development Partners, LIV Development, Milhaus, Campus Advantage, Parkside Equities/Easlan Capital, Gateway Jax).

FaverGray has cumulatively delivered more than 20,000 units and 32,000 beds with over $3 billion in contracted revenue. The company maintains a headquarters at 415 Pablo Avenue, Suite 200, Jacksonville Beach, FL, with field teams operating across the Southeast. Ownership is founder-controlled with no private equity or institutional investor involvement disclosed; Gray remains CEO, Faver has transitioned to Chairman, and Ben J. Hinson was promoted to President in 2025. The company is recognized as one of the 5 largest general contractors on the First Coast by Jacksonville Business Journal and holds multiple ABC Excellence in Construction Awards.

Name

The FaverGray Company

Legal name

FaverGray

Website

https://favergray.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

FaverGray is a private Jacksonville Beach, Florida-based general contractor delivering preconstruction and construction management services for multifamily, student housing, senior living, and HUD affordable housing developers across 19 Southeast states, with 20,000+ units and $3B+ in contracted revenue delivered since 2005.

Ownership category

akta.pro rank

Headquarters

HQ city

Jacksonville Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. General Contracting Services: FaverGray generates revenue as a general contractor providing construction services for multifamily, student housing, senior living, and HUD affordable housing projects. Revenue is earned through negotiated contracts and competitive bidding on construction projects. The company delivers projects from preconstruction through completion, earning fees based on project scope and complexity.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The FaverGray Company is a general contractor providing preconstruction, project management, and construction management services for multifamily, student housing, senior living, and HUD/tax-credit affordable housing developments across the Southeast US. The firm delivers projects from design collaboration and feasibility analysis through procurement, subcontractor coordination, site supervision, quality control, safety management, and final completion for developers, real estate investors, and owner/operators. Services are executed via negotiated contracts and competitive bidding, with the company licensed in 19 states.

Product overview

FaverGray is a general contractor offering specialized construction services for multifamily and student housing communities. The company operates as a single-service business focused on general contracting rather than a software platform. Its core offerings include four interconnected service lines: Market Rate Multifamily Construction (new multifamily apartment communities), HUD Housing Construction (affordable housing under HUD programs and tax credit financing), Student Housing Construction (purpose-built student living near universities), and Senior Living Construction (active adult and senior residential communities). The company provides preconstruction services, project management, construction management, site supervision, quality control, and safety management throughout the construction process. Projects span garden-style apartments, mid-rise urban developments, mixed-use communities, and large-scale student housing complexes across the Southeast United States.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 20,000 units and 32,000 beds delivered successfully
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core, major and key.

• LIV DevelopmentcoreStrategic or Co-development Partner · 19 March 2026LIV Development is the developer of Livano Hidden River, a 200-unit luxury multifamily project in Tampa, Florida. This is FaverGray's second project with LIV Development, indicating a strong collaborative relationship. The project was designed by Dwell Design Studio.
• Gateway JaxmajorStrategic or Co-development Partner · 25 June 2025Gateway Jax is the developer partner for N4 Gateway Jax Apartments, a 286-unit mixed-use multifamily development in downtown Jacksonville's Pearl Square district. FaverGray broke ground on this project in June 2025.
• Catalyst Development PartnerscoreStrategic or Co-development PartnerCatalyst Development Partners has partnered with FaverGray on multiple Central Florida projects including Newburyport in Altamonte Springs (332 units) and Windermere Cay in Winter Garden. The company develops luxury multifamily communities designed by Forum Architecture & Interior Design.
• Toll Brothers Apartment LivingcoreStrategic or Co-development PartnerToll Brothers Apartment Living is a leading multifamily and student housing developer. FaverGray completed the Aperture at UCF project (680 beds) for Toll Brothers, representing a successful delivery of a major student housing community near the University of Central Florida.
• American Campus Communities (ACC)coreStrategic or Co-development PartnerAmerican Campus Communities is one of the nation's largest developers, owners, and managers of student housing communities. FaverGray has a long-standing partnership with ACC, completing multiple projects together including Flamingo Crossings. Testimonials indicate projects consistently delivered on time and within budget.
• Campus AdvantagekeyStrategic or Co-development PartnerCampus Advantage is a student housing developer and operator. FaverGray functions as an extension of their staff, providing front-end services from beginning to end of projects.
• MilhauscoreStrategic or Co-development PartnerMilhaus is a multifamily developer based in Indianapolis with projects across the Southeast. FaverGray is serving as general contractor for Tallevast, a 231-unit multifamily development in Sarasota, Florida, representing their first project with equity partner Marble Capital.
• Dwell Design StudiokeyTechnology or IntegrationDwell Design Studio is the architect for multiple FaverGray projects including Aperture at UCF and Livano Hidden River. The architectural firm designs the projects that FaverGray constructs.
• Forum Architecture & Interior DesignkeyTechnology or IntegrationForum Architecture & Interior Design is the architect for Newburyport in Altamonte Springs, Florida. The firm designs the 332-unit luxury multifamily community that FaverGray is constructing.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Clark Construction Group: Top-tier US general contractor with multifamily and mixed-use capabilities. Comparable in product category (multifamily residential construction) but operates at much greater scale and across more verticals than FaverGray.
• DPR Construction: Top-tier national general contractor with multifamily and student housing projects. Comparable in product category but with materially greater scale, technology adoption, and vertical breadth than FaverGray.
• Gilbane Building Company: Major US general contractor with deep student housing and multifamily experience. Comparable to FaverGray in vertical specialization (purpose-built student housing, multifamily) but at substantially larger scale and broader geographic reach.
• Manhattan Construction Company: Large US general contractor with multifamily and hospitality capabilities. Comparable in product overlap (multifamily residential construction) though substantially larger and more diversified than FaverGray.
• Hunt Construction Group: Large diversified construction firm with multifamily and hospitality experience. Comparable in product overlap (multifamily GC) though at materially larger scale and broader vertical mix.
• Balfour Beatty Construction: Large, diversified US general contractor with an active multifamily and student housing portfolio. Operates broadly across construction segments and geographies; overlaps FaverGray in multifamily delivery but at significantly larger scale.
• Brasfield & Gorrie: Large Southeast-based general contractor with significant multifamily, healthcare, and commercial work. Comparable to FaverGray through regional Southeast density and multifamily capabilities, though substantially larger and more diversified.

Direct peers

• Pepper Construction: Mid-sized US general contractor with multifamily and student housing experience. Comparable to FaverGray in scale, vertical specialization, and reliance on repeat developer relationships.
• Hoar Construction: Mid-sized US general contractor with a strong multifamily and student housing practice and a Southeast regional presence. Directly comparable to FaverGray in scale, vertical specialization, and client base of repeat developer relationships.
• The Weitz Company: Mid-sized US general contractor with a national multifamily and student housing practice. Closely comparable to FaverGray in vertical specialization, project scale, and developer-client orientation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/FaverGray
• YouTubeyoutube.com/channel/UCoYOcfvn_LrB85u8mbxNwWA
• Facebookfacebook.com/FaverGrayCompany
• LinkedInlinkedin.com/company/favergraycompany
• Instagraminstagram.com/favergray

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The FaverGray Company